Private Equity
Fortress Investment Group is getting ready to wrap up fundraising on its latest credit opportunities fund with an overall haul of about $5 billion, according to people with knowledge of the process.
3 min read · 20 February 2015
NovaQuest Capital Management is approaching a first close on its fourth fund on about $700 million and has boosted its target to $850 million, according to a person with knowledge of the fundraising.
1 min read · 19 February 2015
Eric Rosen has left Michael Dell’s family office, MSD Capital, where he headed private equity investments, to launch his own firm, according to sources with knowledge of Rosen’s plans.
2 min read · 18 February 2015
Riverstone Holdings is targeting up to $1 billion for its debut energy credit fund, according to two sources who have heard the fund pitch.
2 min read · 17 February 2015
First Reserve has promoted President Alex Krueger to the role of co-chief executive officer in a move characterized as the next step in a succession plan.
2 min read · 12 February 2015
The State Universities Retirement System of Illinois re-upped $125 million to Adams Street Partners’ latest global fund of funds at its Feb. 5 meeting, spokeswoman Beth Spencer said in an email.
1 min read · 12 February 2015
MidOcean Partners is quietly raising a bridge fund to give it more time to harvest investments in its most recent flagship vehicle before coming to market with its next major fundraising, according to a person with knowledge of the effort.
1 min read · 11 February 2015
Greenhill & Co. just made a major move into private equity secondaries in what has been the strongest bull run in the history of the young and growing market.
3 min read · 10 February 2015
Hamilton Lane is putting together one of the largest co-investment funds ever earmarked for buyouts and other late-stage deals, having secured $849.6 million through year-end toward an upwardly revised goal of $1.3 billion.
2 min read · 10 February 2015
Two former high-level executives from MidOcean Partners have formed their own shop, Broad Sky Partners, and have made two deals.
2 min read · 10 February 2015
